Absa on Thursday launched Features Store, a new platform it says will give its customers full control over their own transactional banking needs. The online platform is intended to be a one-stop shop where Absa clients can acquire new banking
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Cell C will survive with or without “asymmetry” in mobile termination rates, but there is a principle involved that must be defended, the mobile operator’s CEO, Jose Dos Santos, has said. “This company will survive, irrespective of the outcome,” Dos Santos
Thami Mtshali has stepped down as CEO of iBurst parent Wireless Business Solutions (WBS), with financial director Clinton Holroyd being named acting CEO. WBS nonexecutive director David Hilewitz confirmed a report on Wednesday that
Vodacom has announced plans to launch fibre-to-the-business (FTTB) services in South Africa, starting with selected business parks in Gauteng, Cape Town and Durban, which will get access to broadband speeds of up to 100Mbit/s
While the ongoing theft of copper cable continues to cost the economy billions of rand a year, government says it has placed tightening laws to deal with the problem high on its agenda. “The high prevalence of cable theft, in particular copper theft, and its consequences, has become a major
JSE-listed technology services group EOH has turned in a solid performance in its 2014 financial year. In the 12 months to 31 July 2014, it lifted headline earnings per share by 32% to R4,47 on the back of a robust improvement in revenue, which rose by 42% to R7,2bn. Profit after tax increased by 48%
On Tuesday, technology market research firm World Wide Worx and online media monitoring company Fuseware released their annual report on the South African social media landscape. Their findings reveal that visual content is the biggest driving factor behind the uptake and
There was more good news for JSE-listed Pinnacle Holdings on Tuesday after the Financial Services Board (FSB) announced it was dropping an insider trading investigation into share trades by company executives in March 2014. At a meeting on Tuesday, the FSB decided to close the
South Africa has up to five years to go before its electricity supply crisis is over, and consumers may well face limited power cuts this summer, MPs heard on Tuesday. Briefing a joint meeting of parliament’s energy and public enterprises committees, Eskom acting CEO Collin Matjila
The decision by parliament’s communication portfolio committee to recommend the suspension of SABC board chair Zandile Tshabalala on Tuesday was welcomed by the Democratic Alliance. “The unanimity of committee members in this matter is a welcome development in a parliament